Commodity focus

On 13th May, copper for delivery in three months on the London Metal Exchange (LME) closed at $8,790/ tonne—from $8,275/tonne on the previous day—due to improved growth data in euro-zone GDP (gross domestic product) and as the dollar fell against the euro. Taking a cue from the LME, copper for delivery in June at the Multi Commodity Exchange rose to Rs465.35/kg with a business turnover of two...

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MCX price trend

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Commodity trends

Rubber

India’s rubber production rose by 6% to 56,800 tonnes in April compared to 53,500 tonnes in the corresponding month last year, while consumption grew to 82,500 tonnes from 78,250 tonnes in April 2010, according to the Rubber Board. But, export of rubber in April fell 53% to 1,043 tonnes against 2,227 tonnes in the corresponding month of the previous year.

Oilseeds

Oilseed production...

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